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Sensex, and Nifty rebound to greens, metals and banks lead the rally on bourses today

Indian benchmark indices, Nifty and Sensex, rebounded from last week's losses, closing higher on Mo…

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Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention

The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…

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Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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1 min read

China's property crisis is bleeding into its banking sector, which is being asked to prop up developers

China's property crisis has hit the books of its four biggest lenders, which have seen a notable ri…

Huileng Tan   


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Interest rate hikes unlikely to have negative impact on earnings of banking sector: ICRA

​​Analysts may be worried about rising stress in the retail assets of banks, but ICRA is of the vie…

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US stocks tumble as investors fret over new bout of banking sector volatility

Banking fears piled up on Thursday, with shares of PacWest and Western Alliance plummeting througho…

Jennifer Sor   


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Silicon Valley Bank's new CEO urges depositors to bring back their money

Tim Mayopoulos, new CEO of collapsed Silicon Valley Bank (SVB), has urged depositors to return with…

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Recession risks are heightened amid stubbornly high inflation and banking sector turmoil, IMF says

"Recession concerns have gained prominence, while worries about stubbornly high inflation persist."

Morgan Chittum   


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US stocks fall as rising bond yields pressure tech amid easing banking sector fears

The S&P 500 slumped for the first time in four sessions, with tech stocks feeling the weight of a r…

Carla Mozée   


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Crunching Numbers: 12 PSBs end Sept quarter notching up ₹25K+ cr net profit

On September 7, Finance Minister Nirmala Sitharaman had lauded all the 12 PSBs for their outst…

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Bitcoin surges 9% toward key level of $30,000 as crypto market rallies amid fresh banking sector fears

"[Investors are] signaling risk-on sentiment, as they anticipate a potential softer Fed policy and …

Morgan Chittum   


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SVB's collapse was fueled by 'people on iPhones' and won't spread across the US banking sector, Blackstone CEO says

Rapid withdrawals "by people on iPhones" and high interest rates caused Silicon Valley Bank to coll…

George Glover   


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Rally in banking stocks continues as credit growth picks up & margins get a boost

Indian banking stocks have been rallying since the last couple of weeks on the back of an uptick in…

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Brent crude oil prices remain under pressure on tensions that risks in global banking sector may spark a recession worldwide

Today as of 2:44 pm, Brent crude prices were at $74 per barrel. The current trend of fall in …